- Satellite networking technology company Gilat Satellite Networks Ltd GILT won a multi-million-dollar contract to provide satellite communication (SATCOM) equipment to an extensive system integrator for its customer in Asia.
- Gilat's multi-application platform, SkyEdge II-c, Capricorn VSATs, and TotalNMS will serve the needs of the defense forces to provide tactical SATCOM solutions for mobile platforms and enable efficient communication channels.
- Multiple hubs and hundreds of VSATs will be deployed in redundant configurations to meet the critical security needs, quality, and critical regulatory requirements.
- Price action: GILT shares traded higher by 1.36% at $10.45 in the market session on the last check Wednesday.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
